Gross fixed capital formation (constant LCU) in New Zealand

Gross fixed capital formation (constant LCU) in New Zealand was last measured at 54421489300 in 2014, according to the World Bank. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency. This page has the latest recorded value, an historical data chart and related indicators for Gross fixed capital formation (constant LCU) in New Zealand.